Enabling Investment for Vietnam’s Energy Transition

February 2024: Vietnam's rapid economic growth and transition towards a market-oriented economy highlight the significant rise in emissions due to industrial expansion. This briefing paper emphasises the need for increased investment in low-carbon activities, leveraging international partnerships and private sector engagement to support Vietnam's ambitious climate objectives and sustainable development. Through strategic investments and policy measures to catalyze green investments and the enhancement of sustainable finance markets, certain policy levers can bolster Vietnam's commitment to its climate and development agendas.

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This briefing paper is part of the Australia-Vietnam Green Economy Program, with its capstone summit, which will drive new collaboration between Australian and Vietnamese businesses in the green economy, create trade and investment opportunities, and build connections among leading experts in the bilateral relationship.